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Zambian Miners Kill Chinese Manager In Riot

Coal miners in Zambia killed one Chinese manager and injured another during a riot Saturday. The miners were on strike at the Chinese-owned Collum coal mine in Sinazongwe in protest of delays in raising the minimum wage.
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Zambia's Mining Royalties Could be Cut

Zambia, which said last month its 2012 budget would hike mineral royalties, could cut back those rates if commodity prices collapse next year, the mines minister in Africa's top copper producer said on Friday.
A file photo of Zambia"s Finance Minister Alexander Chikwanda.

Zambia doubles mine royalties to fund big budget

Zambia's new government unveiled an expansive 2012 budget on Friday, with big increases in social spending and farming subsidies to be paid for by a rise in mineral royalties and a debut $500 million Eurobond.
Zambian children attend school in a poverty stricken area near the country"s capital Lusaka

Zambia govt set to unveil pro-poor budget

Zambian finance minister Alexander Chikwanda is expected to unveil a pro-poor budget on Friday, reflecting the shift in political priorities in Africa's biggest copper producer since opposition leader Michael Sata's September election upset.

Power cut hits Zambia's Copper Belt

A four-hour power cut hit Zambia's capital and main mining region on Wednesday, although it was not clear what if any impact there was on output from Africa's biggest copper producer.

Chinese firms abusing Zambian miners: rights group

Chinese mining companies in Zambia, Africa's biggest copper producer, are routinely flouting laws designed to protect workers' safety and the right to organise, Human Rights Watch (HRW) said on Thursday.
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Zambia's slashes reserve ratios

Zambia's central bank slashed its reserve ratios on Tuesday to cut the cost of borrowing for commercial banks and consumers in a bid to stimulate economic growth in Africa's biggest copper producer.
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Zambian Miners Return to Work after Getting Pay Raise

Zambians striking over poor pay at Chinese mines went back to work on Monday after winning a nearly 100 percent pay rise, just over two weeks after a new president took office on the promise of improving mining conditions.
A security guard walks past a shipment of copper in a file photo.

Zambia lifts metal exports ban after two days

Zambia has lifted a ban on metal exports, just two days after imposing it to sort out irregularities and increase transparency in Africa's top cooper producer, a minerals ministry official said on Thursday.

S.Africa, Zambia approve Metorex-Jinchuan deal

South Africa and Zambia have approved the $1.1 billion bid by China's Jinchuan Group for copper and cobalt producer Metorex, bringing closer prospects for the deal to be finalised by November.
Zambian opposition leader Michael Sata (R) is sworn in as President at the supreme court in the capital Lusaka

Zambia's Sata takes aim at graft, high bank rates

New Zambian President Michael Sata launched a probe on Friday into last year's sale of telecoms operator Zamtel and vowed to keep a close eye on copper exports, while finance minister Alexander Chikwanda told banks to cut interest rates.
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Zambia's New Govt Wants More of Foreign Miners' Revenue

New Zambian President Michael Sata fired his respected central bank governor on Thursday and his new mines minister floated plans to boost tax receipts from mining companies, rattling investors in Africa's biggest copper producer.
File photo of Zambia"s newly appointed president Michael Sata,

Zambia's 'King Cobra' Sata sworn in as president

Zambian opposition leader Michael Sata, a critic of Chinese investment, was sworn in as president on Friday after an upset poll victory that ushered in a smooth handover of power in Africa's biggest copper producer.
President Sata

Zambia Election Results: President Banda Concedes

Banda conceded to Sata on Friday, ending three days of riots and protesting. The presidential vote was held nationwide on Tuesday, but the government had been slow to tally the votes, a fact which angered eager Zambians.


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